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Jun 30, 2022

agilon health Q2 2022 Earnings Report

agilon health's second quarter results for 2022 were reported, showing revenue and membership growth.

Key Takeaways

agilon health reported a 34% increase in revenue to $670 million and a 44% increase in Medicare Advantage membership. The total members on the agilon platform grew to 351,700. Net loss was $21 million, and medical margin increased 49% to $82 million.

Total revenue increased 34% during the second quarter compared to the second quarter of 2021.

Total members live on the agilon platform increased to 351,700 as of June 30, including 261,200 Medicare Advantage members and 90,500 Direct Contracting beneficiaries.

Net loss was $21 million in the second quarter, compared to a net loss of $299 million in the second quarter of 2021.

Medical margin increased 49% during the second quarter compared to the second quarter of 2021.

Total Revenue
$670M
Previous year: $499M
+34.3%
EPS
-$0.04
Previous year: -$0.79
-94.9%
Medicare Advantage Members
261.2K
Previous year: 181.7K
+43.8%
Average MA Membership
265.4K
Previous year: 194K
+36.8%
Cash and Equivalents
$669M
Total Assets
$1.84B

agilon health

agilon health

agilon health Revenue by Segment

Forward Guidance

agilon health provided guidance for the third quarter and fiscal year 2022.